Samsung SDS삼성에스디에스

Samsung SDS shares have fallen about 8% over the past month to ₩207,000, though revenue and margins have held steady over the past few years.

Samsung SDS is a Korean IT services and logistics company, with cloud, system integration, and freight forwarding as its main activities. Trailing twelve-month revenue is about ₩14.0T with a 5.5% operating margin, and annual revenue has been roughly flat since 2023 at around ₩13.3T to ₩13.9T. The share price is well below its 52-week high of ₩388,500 but still up 23.2% over one year.

What stands out

• Trailing twelve-month operating income is about ₩769B and net income about ₩649B, versus ₩957B and ₩760B for full-year 2025, so profitability has eased in the latest period.
• Trailing free cash flow is about ₩862B, and cash of ₩1.56T exceeds borrowings of ₩1.09T according to the filings.
• The DCF model's base value is ₩166,354, below the current ₩207,000 price; the bear and bull values are ₩117,698 and ₩246,577. This is a model output, not a forecast.
• Valuation is 24.7 times earnings and 1.6 times book at the latest price, above the 2024 year-end multiple of 13.1 times earnings.
• Foreign ownership rose from 18.5% to 19.6% over the last 60 days, while retail and institutional investors were net sellers over the past 20 days.

What to watch

• The half-year 2026 results and the advance earnings notice filed on 6 October 2026; the full-year results are not yet in the data.
• Recent filings about changes in the largest shareholder's holdings and a 5%+ holding report, which may signal ownership shifts.
• The news feed contains no recent headlines, so no company-specific news events are available to weigh against the filings.